Instructure (INST) Tops Q1 EPS by 4c, Beats on Revenue; Positive FY17 Guidance

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Instructure, Inc. (INST) PT Raised to $30 at Oppenheimer; 'Business Will Show Positive Trends for Some Time'

May 2, 2017 11:16 AM EDT

Oppenheimer raised its price target on Instructure, Inc. (NYSE: INST) to $30.00 (from $27.00) while maintaining a Outperform rating, following the company's first quarter earnings report.

Analyst Brian Schwartz notes the company delivered strong EPS and revenue performance above consensus, fueled by 40%+ growth in billings, deferred... More

Instructure, Inc. (INST) PT Raised to $30 at Jefferies; Reiterates Buy

May 2, 2017 9:15 AM EDT

Jefferies raised its price target on Instructure, Inc. (NYSE: INST) to $30.00 (from $27.00) while maintaining a Buy rating. INST reported 1Q revenues of $34.0M and non-GAAP EPS of ($0.33), ahead of the Street's $32.9M and ($0.37), and guidance of $32.6-33.2M and ($0.39)-($0.37).

2Q revenue... More

Instructure, Inc. (INST) PT Raised to $33 at Needham & Company Following Solid 1Q

May 2, 2017 7:22 AM EDT

Needham & Company raised its price target on Instructure, Inc. (NYSE: INST) to $33.00 (from $28.00) while maintaining a Strong Buy rating. INST reported 1Q revenues of $34.0mm, ahead of $32.4mm estimates. EPS was reported at ($0.33) ahead of ($0.38) estimates.

The company raised FY17 revenue guidance up from... More